Summary: Vietnam’s Vingroup signed a $3 billion agreement with Telangana’s government to develop a multi-sector ecosystem, including smart urban development, electric mobility, and renewable energy. This investment surpasses Vingroup’s previous largest investment outside Vietnam and extends its presence in India, where its electric vehicle arm, VinFast, is expanding. The Telangana project will feature a smart city, theme park, and solar farm, emphasizing sustainable development.

Link: https://www.channelnewsasia.com/business/vietnams-vingroup-develop-3-billion-ecosystem-in-telangana-strengthens-india-push-5569521